LV · EuropeTN · Africa

Latvia vs Tunisia: tax rates compared

Between the two, Tunisia's income tax rate (40%) tops Latvia's (33%) by 7pp. The 200-country average is 28%: both sit above it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income33%40%Corporate20%VAT19%21%Wealth Tax0%1%
four shared taxes, side by side
Tax LV TNDifference
Income Tax33%40%TN +7 pplargest gap
Corporate Tax20%20%match
VAT21%19%LV +2 pp
Wealth Tax0%1%TN +1 pp

Income Tax

Income Tax, side by side
CountryRateSource
Latvia33%Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30
Tunisia40%Source: PWC Worldwide Tax Summaries — Tunisia (Individual, Taxes on personal income) · as of 2025-01-01
Difference−7 ppTunisia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Latvia20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Tunisia20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

There's no gap here — Latvia and Tunisia both post a corporate tax rate of 20%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Latvia21%Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30
Tunisia19%Source: PWC Worldwide Tax Summaries — Tunisia (Corporate, Other taxes) · as of 2026-06-29
Difference+2 ppLatvia higher

Between the two, Latvia's VAT rate (21%) tops Tunisia's (19%) by 2pp. The 181-country average is 15%: both sit above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Latvia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30
Tunisia1%Source: PWC Worldwide Tax Summaries — Tunisia (Individual, Other taxes) · as of 2026-06-29
Difference−1 ppTunisia higher

Between the two, Tunisia's wealth tax rate (1%) tops Latvia's (0%) by 1pp. The 193-country average is 0.1%: Latvia sits below it, Tunisia sits above it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.